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Another Big Shock To AP
By: Tupaki Desk | 31 July 2018 9:07 AM GMT
Congress MLC Ponguleti moved Supreme Court regarding the promises of AP Reorganisation Act 2014. The response from Centre to the petition kept hurting Andhrites.
Division of assets between AP and Telangana should be as per the population. This was clearly mentioned in the AP Reorganisation Act 2014. Still, Centre submitted an affidavit to Supreme Court informing all the non-movable assets in 10th Schedule belongs to Telangana and there is no need for division.
Section 47(1) of AP Reorganisation Act 2014 recommends division of assets and debts according to population ratio. Section 75 permits both the states to make use of the institutions in the 10th Schedule for a period of 10 years. Citing this provision, Centre informed SC that AP can use the services of assets mentioned in 10th Schedule only for a decade.
Initially, Only 107 Institutions were included in 10th Schedule. AP Government appealed for inclusion of another 35 institutions which were set up before bifurcation. Division of all of these assets has been sought.
Centre now informed Supreme Court saying division of assets and debts isn't possible as it leads to more damage to AP. Assets value in United AP is around Rs 33,000 crore. AP would receive close to Rs 20,000 crore if division happens according to 58:42 ratio. Instead of taking the responsibility of division of assets, Centre is keen to stop the division from happening. Why would AP seek division of assets if it causes damage?
Division of assets between AP and Telangana should be as per the population. This was clearly mentioned in the AP Reorganisation Act 2014. Still, Centre submitted an affidavit to Supreme Court informing all the non-movable assets in 10th Schedule belongs to Telangana and there is no need for division.
Section 47(1) of AP Reorganisation Act 2014 recommends division of assets and debts according to population ratio. Section 75 permits both the states to make use of the institutions in the 10th Schedule for a period of 10 years. Citing this provision, Centre informed SC that AP can use the services of assets mentioned in 10th Schedule only for a decade.
Initially, Only 107 Institutions were included in 10th Schedule. AP Government appealed for inclusion of another 35 institutions which were set up before bifurcation. Division of all of these assets has been sought.
Centre now informed Supreme Court saying division of assets and debts isn't possible as it leads to more damage to AP. Assets value in United AP is around Rs 33,000 crore. AP would receive close to Rs 20,000 crore if division happens according to 58:42 ratio. Instead of taking the responsibility of division of assets, Centre is keen to stop the division from happening. Why would AP seek division of assets if it causes damage?
